This is a big area for a lot of businesses and one that causes much confusion to contractors, freelancers and small businesses. HMRC has a heavy penalty regime for VAT , so it is important you get this right What is VAT? Essentially, VAT is a sales tax, which you collect by charging it [...]

What is VAT Flat Rate Scheme (FRS)? This is a special VAT scheme designed for contractors, freelancers and small businesses with turnover below £150,000. It allows you to still charge 20% VAT on invoices, but only pay HMRC back at a smaller percentage – depending on your business category. Who is it for? As part [...]

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They give excellent support to me a small business owner, and is there to help with any questions I might have, which is great for someone who doesn’t know much about accountancy myself.

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I wish I’d found Nimble Jack Accounting earlier! In conjunction with FreeAgent I have all my accounting stuff sorted. If I have a question or need advice, Nimble Jack Accounting have the answer. It couldn’t be easier.

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“Nimble Jack Accounting provide a fantastic service, and are good value for money. I also use their online system FreeAgent, which is easy to use and more importantly fully supported by the staff of Nimble Jack Accounting. They care about my company and my company’s needs and always seem more than happy to help if I have any questions.

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Thank you so much for your help. My old accountant just didn’t understand FreeAgent. You made the change over simple and your quarterly reviews have saved me thousands in tax already.